LETTER: Financial Trojan horses
Beware the IMF and the World Bank — they have been described as less than honest brokers
05 February 2020 - 16:14
IMF and World Bank fiscal policies are designed to create debt that cannot be repaid, in essence to further global interests.
John Perkins’s book Confessions of an Economic Hitman details the process in excruciating detail. Michael Hudson’s book Killing The Host illustrates beyond doubt how this creation of debt leads not only to debt that can never be repaid, but to a consequence where a country’s sovereign asset base is confiscated to satisfy such debt...
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